Section 39: Credit reduced by reference to accrued income losses
120.This section provides for credit to be reduced by reference to accrued income losses. It is based on section 807(2) and (5) of ICTA.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.